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  • Do you think blockchain can safeguard user privacy?

    Ojelola Ojelabi
    3 replies

    Replies

    Rich Watson
    in what way? blockchain is available for everyone to see
    Vasiliy Shilov
    @richw šŸ“‘ That is the brilliance of blockchain technology! It enables transparency and immutability by letting anybody observe the blockchain's transactions and data.
    Vasiliy Shilov
    Absolutely! šŸ’” Blockchain technology has the ability to completely transform how we secure consumer privacy. 1) Blockchain can ensure that user data is safe and tamper-proof by leveraging cryptographic algorithms and decentralized networks. 2) For example in Tookey.io we take a step further with Private key management protocol, which is based on bulletproof MPC-TSS technology, by offering a safe and efficient means to maintain private keys, guaranteeing that users have total control over their data and assets control. šŸ‘€ We can use blockchain to build a society in which privacy is not just a right, but a reality, don't you think so?